Zimbabwe: Stock market turnover ratio
* indicates monthly or quarterly data series
| Zimbabwe |
Stock market turnover ratio |
|---|---|
| Latest value | 8.17 |
| Year | 1999 |
| Measure | percent |
| Data availability | 1993 - 1999 |
| Average | 8.50 |
| Min - Max | 3.49 - 16.22 |
| Source | The World Bank |
The latest value from 1999 is 8.17 percent, a decline from 8.39 percent in 1998. In comparison, the world average is 39.90 percent, based on data from 67 countries. Historically, the average for Zimbabwe from 1993 to 1999 is 8.5 percent. The minimum value, 3.49 percent, was reached in 1993 while the maximum of 16.22 percent was recorded in 1997.
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* indicates monthly or quarterly data series
Recent data
The stock market turnover ratio in Zimbabwe equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of Zimbabwe is. A country may have many listed companies but few active trades. Conversely, there may be few listed companies but many trades.
Definition: Turnover ratio is the value of domestic shares traded divided by their market capitalization. The value is annualized by multiplying the monthly average by 12.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Stock market capitalization, percent of GDP | 35.88 | 1999 | percent |
| Stock market capitalization, in dollars | 2.46 | 1999 | billion U.S. dollars |
| Stock market turnover ratio | 8.17 | 1999 | percent |
| Listed companies | 69 | 1999 | companies |
| Stock market value traded | 2.93 | 1999 | percent |
| Nonbank financial institutions assets to GDP | 0.76 | 2002 | percent |